SmartStop Self Storage has opened a new facility in Brampton, Ontario, Canada. The property comprises about 100,000 square feet of rentable space in more than 700 units. The facility also has 25 individual executive offices for lease, which will be targeted at small ...More

Australian self-storage operator National Storage issued a public offering of 126.3 million stapled securities late last month and will now operate as a real estate investment trust (REIT) traded on the Australian Stock Exchange (ASX). Now known as National Storage REIT, ...More

Self-storage real estate investment trust (REIT) Public Storage Inc. has acquired the national portfolio of Stor-All Storage for $430 million, according to a report by industry blog “The Storage Facilitator.” The 44-property portfolio includes facilities in five states and ...More

The operating partnership of CubeSmart, a self-storage real estate investment trust (REIT), has priced an underwritten public offering of $250 million of 4.375 percent senior unsecured notes due Dec. 15, 2023. CubeSmart L.P. priced the notes at 98.995 percent of the ...More

The board of directors for Self Storage Group Inc. (SSG), an investment-management company with interests in self-storage, approved a shareholder-rights plan last week in conjunction with the company’s intention to qualify as a real estate investment trust (REIT) for ...More

Self-storage real estate investment trust (REIT) Public Storage Inc. has secured a one-year, $700 million loan from Wells Fargo Bank. The company intends to use the money to fund acquisitions and development projects as well as general corporate purposes, according to John ...More

The board of directors for Extra Space Storage Inc., a self-storage real estate investment trust, has declared a quarterly dividend of $0.40 per share on the company's common stock for the fourth quarter of 2013. ...More